The Daily times. [volume] (Richmond, Va.) 1886-1889, 1887-03-27

bad temper These gentlemen worked
on the deal in pairs Messrs Ives ana
Stayner were one pair, Waite and Rock
well another and Ogden and Houston a
third pair. while Mr.. Little played soil
iaire. They discussed questions in pairs,
and kept M that sort of dealing for
couple of days The consultation that
preceded the departure was IN 'he nature
Of full council Then there was pay
ment Of hotel bills, packing OF grip
sacks. and movement toward the rail
road trains Mr. Little went 10 Wash
ington Ives and Stayner, Ogden and
Houston went by the 400 express to
New York. and Waite and Rockwell are
presumed 10 have turned their faces
toward the wild West. Nobody on the
outside knew what these movements
meant and there was no intimatiOn that
they had any significance.
Little dOub. is expressed among imam
cial men that the beginning Of the end in
the great railroad deal has been reached,
and that the announcement of its details
Is not remote There is reason 10 believe
that Mr.. Robert Garrett is himself salts
fed that such is the fact and no other
person can know as much as he does
about H. He has discussed with friends
the salient points i'm a contemplated an
nOuncement of bis yaledictOry, abdica-
ton or retirement from the absolute man
agemcnt of the great b g. .. trunk line.
These friends argue that other absolute
managers of gigantic railroad aud other
properties have taken steps similar 90
those of Mr.. Garrett now. they having
wearied of their -inglc-handed struggles
and relinqui-hed the responsibilities eth
er wholly OF in part, 90 other men. They
continued as factors I'm the business
world but not as the executives of their
corporations The late William II. Van
derbilt was one of the gentlemen.
Any transaction may fall through when
in The formative stages and there could
De q slip-up in the big deal, hut this looks
now only as a possibility The story that
Mr. Garrett ON vs. ednesday gave an OPP
ton 10 the IYes-Stayner syndicate after
SiOO,0O0 had been paid. the option 90 De
exercised If am examination Ot the affairs
of the railroad PANIED out tOthc satisiac
lion Of the syndicate is NOT considered u.s.
probable Purchaser, OF amy species of
property usually have the privilege of
looking into 10 before buying Then
the further statement ihat IF the deal
falls through the 100000 i- io Doe return
cd does not smack of good business
methods. The facts about ihe payment
of The 100000 have very probably not
been told The money may have been @
part payment ON The sum required 90 cy-
ercisc an option That considerable
sum VI money was paid and an agree
ment was signed in this city ON Nedues-
day night and reported cn South and
German streets the next morning The
latest development That looks authentic
IS the appearance of o Baltimore party
I'm the syndicate Mr. Robert Garrett
it is said is surely i'm IT, together with
other Baltimore capitalists in more
limited way
Mr o. Harrison Garrett the banker
brother of the railroad president bias
nearly escaped public mention in c0nncc-
ton with The Dig deal he IS one NJ thc
important factors i'm if, and is believed no
have an equal financial interest with Dos
brother He Is 90 leave Baltimore con
Monday for an extended uipin the South.
and This !. accepted by the banking elias,
a- am indication That thc sale of thc B.
and % stock tO syndicate is assured
The Sully option. given tWo weeks ago.
was for 10000 shares at 5000 share. or
an aggregate of SiG.000.00O The Ives
Stsyner option Is stated to De- for thc same
number of shares "a, Si1j. or an aggregate
of $l4000000
The New York correspondent Of the
~Iu frlurraDlfl tIp following Fri